Displaying items by tag: economy

Farmgate milk price forecasts by at least two banks, ASB and BNZ, have now been hiked upwards to $5/kgMS for the 2015-16 season.

A renowned conservationist says the world and New Zealand is failing to fulfil many of the basic principles of sustainability.

Few trade agreements have generated as many column inches – or as much protest - as the Trans-Pacific Partnership (TPP). 

The dairy downturn could be an indicator of how the economy will suffer if farmers have to reduce inputs to meet environmental compliance standards. 

An economist who heads the ‘think tank’ New Zealand Initiative says despite dairy price problems the country’s economy is doing remarkably well.

Concern is growing in political and economic circles that the low dairy prices could tip New Zealand into a recession.

A report on the economic impact of Fieldays 2014 shows the importance of the event to New Zealand’s primary sector, says Mystery Creek events centre chief executive Jon Calder.

The Reserve Bank says the outlook for global milk prices is highly uncertain and the financial stress on the dairy industry could rise markedly if prices remain at current low levels in the 2015-16 season.

Australian farmers are hearing that good times are coming: a top economic researcher predicts farm production will increase 5.3% to about A$54.4 billion next financial year.

Expect the volatility in the international dairy market to be around for some time.